Tag: Support

Kraken Targeted by Extortion Group Threatening to Leak Internal Support Videos – Crypto News Bitcoin News

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Key Takeaways: Kraken’s Chief Security Officer Nick Percoco confirmed on April 13, 2026, that the exchange will not pay extortion demands. Two insider incidents in February 2025 and early 2026 exposed limited support data from roughly 2,000 Kraken accounts. Kraken is coordinating with federal law enforcement across multiple jurisdictions and believes enough evidence exists for arrests. Kraken Coordinates With Law Enforcement After Criminal Group Demands Payment Over Leaked Videos Chief Security and Information Officer Nick Percoco disclosed the extortion attempt in a post on X. He stated that Kraken’s core…

Ethereum Price Slips Below Support, Bears Seize Momentum

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Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,175 and might struggle to recover. Ethereum started a downside correction from the $2,330 zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,140 zone. Ethereum Price Dips Again Ethereum price failed to remain stable above…

Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst

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According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. 61% Of BTC Supply In Profit Despite Bear Season In an X post on April 11, Darkfost shares an insight into Bitcoin’s price structure based on its supply distribution pattern. At current prices, the renowned expert reports that approximately 61% of…

Coinbase CEO Signals Support for Clarity Act as Exchange Softens Stance on Crypto Legislation – SuperCryptoNews

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In a significant shift for the digital asset industry, Coinbase CEO Brian Armstrong has signaled his support for the Clarity Act, suggesting the crypto exchange may be softening its long-standing opposition to U.S. market structure legislation. Armstrong’s endorsement came on April 10 via social media, where he publicly aligned with Treasury Secretary Scott Bessent’s recent calls for Congress to expedite the passage of a federal digital asset framework. Armstrong expressed gratitude for the bipartisan efforts of lawmakers, stating that “it’s time to pass” the bill after months of negotiations. The…

Bitcoin Defies Early Volatility to Reclaim $72,000 Support – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin rallied to $72,571 after U.S. officials clarified ceasefire terms, lifting the market cap to $1.45 trillion. Volatility triggered $115 million in liquidations on Coinglass, with shorts accounting for $95 million. Deribit data shows bullish sentiment as traders target $80,000 call options for the June expiry. Ceasefire Optimism Drives Recovery Bitcoin successfully reclaimed the $72,000 handle for the second consecutive session, buoyed by a fragile sense of optimism regarding the tentative ceasefire between the U.S. and Iran. While initial volatility was stoked by reports of ceasefire violations and…

New Stablecoin, Faster Order Matching, Smart Contract Wallet Support – Crypto News Bitcoin News

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Key Takeaways: Polymarket launched Polymarket USD on April 6, 2026, replacing bridged USDC.e as collateral across all prediction markets. The CTF Exchange V2 upgrade cuts gas costs and adds EIP-1271 support, affecting API traders and bot operators within 2-3 weeks. Polymarket’s POLY governance token airdrop, confirmed by CMO in October 2025, remains separate and pending a full U.S. relaunch. Polymarket Upgrades Trading Engine and Drops Bridged USDC.e in Major 2026 Overhaul The move is the platform’s largest infrastructure change since launch. Polymarket has processed record trading volumes over the past…

Analyst Identifies $63,000 As Key Support For Next Bitcoin Move

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A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price.  Bitcoin Market Structure Suggests More Volatility Ahead  In a 4th of April post on the X platform, KillaXBT revealed the possible trajectories the Bitcoin price could follow over the coming weeks. The crypto trader’s analysis is based on the current technical structure…

Bitcoin liquidation map flags $65,000 as key support, $68,000 as squeeze zone

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Coinglass’ Bitcoin liquidation map shows a $1.143b long wall below $65k and a $754m short pocket above $68k, turning a small move into a potential $1.9b forced‑flow event. Summary Coinglass data indicates that if Bitcoin drops below $65,000, cumulative long liquidation intensity on major centralized exchanges reaches an estimated $1.143 billion. If BTC instead breaks above $68,000, cumulative short liquidation intensity on mainstream CEXs climbs toward roughly $754 million. The map measures liquidation “intensity” rather than exact contract counts, highlighting where price moves are most likely to trigger outsized liquidity…

Ethereum Price Extends Losses, $2,000 Support Faces Breakdown Risk

Ethereum price failed to stay above $2,120 and extended losses. ETH is now struggling to stay above $2,040 and might continue to move down in the near term. Ethereum started a fresh decline from the $2,150 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,075 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 resistance. Ethereum Price Dips Further…

Bitcoin Price Teeters on Edge, Will Support Finally Snap?

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Bitcoin price started a fresh decline from the $69,250 zone. BTC is now struggling to stay above $66,000 and might extend losses in the near term. Bitcoin failed to settle above $68,000 and started a fresh decline. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $67,500 and $67,800 levels. Bitcoin Price…